IRYS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 7m old-0.060%higher than 26% of spread values(window 1D)
long $0.01661 · short $0.01660(long 7m / short 7m old)
Entry Spread (order book)-1.102%on $10,000
long $0.01667 · short $0.01648(average execution prices, not mark)
market median $0.01661· long -0.0%· short -0.1%
⚠ Spread is inverted — BingX is cheaper than OKX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 265 samples
Current
-0.060%
26 pct
Median
+0.000%
Average
+0.003%
P25 → P75
-0.117% … +0.060%
Range
-1.010% … +0.784%
Std dev
±0.201%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
OKX(cex)
OKX(cex)- Mark Price
- $0.01661
- Exchange Ticker
- IRYS-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $736.47K
- 24h Vol
- $134.94K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BingX(cex)
BingX(cex)- Mark Price
- $0.01660
- Exchange Ticker
- IRYS-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +140.69%
- OI
- $1.04M
- 24h Vol
- $1.22M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short265 long / 91 short samples · 2 days · auto-refresh every 30s